The dollar continues to grow after the last statement of Janet Yellen

On Monday, the dollar reached a two-month peak against a basket of major currencies and a 1-month peak against the yen after Federal Reserve Chairman Janet Yellen said on Friday that the expectations of the Fed are recent rise in interest rates if the economy and the labor market continues to improve. The dollar index marked change of +0.5% reaching a level of 95.96 during the European trading session.

Against the background of "quiet trade" and closed British and American markets EUR/USD was trading in the range between 1.1097 and 1.1144, closing at 1.1137.

The yen felt the strongest growth of the dollar, having reached 111.44 yen on markets in Asia. This is the highest level since April 28, ending the day at 111.10 and increased by 69 pips.

GBP/USD ended the first day of the week with a slight increase of 29 pips to close the day at the 1.4638 level.

Gold continued its downward movement in recent days, recording consecutive negative trading session reaching 1199.61 to end the day at the level of 1204.69 dollars for ounce.